PENGARUH PROFITABILITAS, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA SEKTOR PERTAMBANGAN
Syilvia Sari Lubis and
Aminar Sutra Dewi
No d5p3x, OSF Preprints from Center for Open Science
Abstract:
The value of a company is the perception of investors to an agency that can be related to stock prices. High corporate value is able to reflect the prosperity for investors. This observation intends to prove empirically the effect of profitability, debt policy and dividend policy on corporate value. The data used are secondary data such as financial statements data during the observation period. This observations selects the mining industry data listed on the Indonesian Stock Exchange with the 2012-2016 observation period. Sample collection method using purposive sampling method. through purposive sampling got 9 companies studied. The analytical method used is regression analysis of panel data with the help of application E-Views 8. The initial test is to test the Chow-Test to decide whether the Pooled Least Square or Fixed Effect method is used; and the test Haussman-Test to decide whether the Fixed Effect or Random Effect method can be used. The results of this observation states that profitability has a significant effect on corporate value on the contraty debt policy and dividend policy has no significant effect on firm value.
Date: 2019-01-12
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:d5p3x
DOI: 10.31219/osf.io/d5p3x
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